(Gitarenew) Gitarenew complete technical analysis [charts+indicators] | Buy/Sell Gitarenew | (Gitarenew) share price targets
Complete technical analysis of Gitarenew (Gitarenew) by charts plus indicators, forecast predictions and share price targets for Gitarenew (Gitarenew)
Showing technical analysis as on 2021-09-28 View latest technical analysis
10 day averaged volume of Gitarenew is 3499
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Sep 2021 | 130.20 | 130.20 | 130.20 | 130.20 | 7.264 times |
| 27 Mon Sep 2021 | 124.00 | 124.00 | 124.00 | 124.00 | 0.585 times |
| 24 Fri Sep 2021 | 118.10 | 118.10 | 118.10 | 118.10 | 0.459 times |
| 23 Thu Sep 2021 | 112.50 | 112.50 | 112.50 | 112.50 | 0.209 times |
| 22 Wed Sep 2021 | 107.15 | 107.15 | 107.15 | 107.15 | 0.68 times |
| 21 Tue Sep 2021 | 102.05 | 102.05 | 102.05 | 102.05 | 0.313 times |
| 20 Mon Sep 2021 | 97.20 | 97.20 | 97.20 | 97.20 | 0.548 times |
| 17 Fri Sep 2021 | 92.60 | 92.60 | 92.60 | 92.60 | 0.761 times |
| 16 Thu Sep 2021 | 88.20 | 79.80 | 88.20 | 79.80 | 4.638 times |
| 15 Wed Sep 2021 | 84.00 | 84.00 | 84.00 | 84.00 | 1.291 times |
Stock of Gitarenew (Gitarenew) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.1, but if it comes below 125.1, then a intra day sell could be more profitable.
If you take a sell trade below 125.1, then use 125.1 as stoploss and 109.04 as target. However if you take a buy trade in stock , then use 125.1 as stoploss and 144.3 as target.
Share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Target | 35.25 |
| Downside Target | 50.80 |
| Downside Target | 77.85 |
| Downside Target | 93.05 |
| Downside Target | 97.20 |
| Downside Target | 114.15 |
| Downside Target | 118.10 |
| Downside Target | 124.00 |
| Downside Target | 130.20 |
| Upside Target | 133.10 |
| Upside Target | 140.10 |
| Upside Target | 147.45 |
| Upside Target | 203.85 |
| Upside Target | 300.00 |
Intraday share price targets for Gitarenew (Gitarenew)
| Target Type | Value |
| Downside Intraday Target | 126.07 |
| Downside Intraday Target | 121.93 |
| Upside Intraday Target | 132.27 |
| Upside Intraday Target | 134.33 |
| Downside Intraday Target | 128.13 |
Weekly technical analysis of Gitarenew (Gitarenew)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Sep 2021 | 130.20 | 124.00 | 130.20 | 124.00 | 3.553 times |
| 24 Fri Sep 2021 | 118.10 | 97.20 | 118.10 | 97.20 | 0.289 times |
| 17 Fri Sep 2021 | 92.60 | 93.05 | 93.05 | 79.80 | 3.845 times |
| 09 Thu Sep 2021 | 97.90 | 114.15 | 114.15 | 97.90 | 0.22 times |
| 03 Fri Sep 2021 | 120.15 | 147.45 | 147.45 | 120.15 | 18.447 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gitarenew (Gitarenew)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue Sep 2021 | 130.20 | 133.10 | 133.10 | 79.80 | 1.365 times |
| 31 Tue Aug 2021 | 140.10 | 214.00 | 300.00 | 140.10 | 1.37 times |
| 30 Fri Jul 2021 | 203.85 | 79.40 | 203.85 | 79.40 | 1.619 times |
| 30 Wed Jun 2021 | 77.85 | 51.80 | 77.85 | 51.80 | 1.055 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Gitarenew (Gitarenew)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 54, 36, 20 | Buy |
| MACD | -19, -26 | Buy |
| Stochastics | 100 | Buy |
| CCI | 127 | Buy |
| RSI | 53 | Buy |
| OBV | 7656 | Sell |
| VWAP | 110 | Buy |
| ADL | 0 | Sell |
| ROC | 47 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short term time period is
Price action analysis of Gitarenew ( (Gitarenew) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Gitarenew ( (Gitarenew) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Gitarenew stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Gitarenew in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gitarenew Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gitarenew in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Gitarenew is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 109.99 and Gitarenew (Gitarenew) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Gitarenew (Gitarenew) stock. Volume based technical analysis of Gitarenew (Gitarenew) stock is negative.
Gitarenew Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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